Citi analyst Ronald Josey raised the firm’s price target on Pinterest (PINS) to $25 from $19 and keeps a Neutral rating on the shares. The company reported a Q1 beat amid improving advertiser adoption, the analyst tells investors in a research note. Citi believes Pinterest’s AI investments are driving greater return on ad spend.
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Read More on PINS:
- Pinterest price target raised to $28 from $22 at Goldman Sachs
- AI Models Turn More Positive on Pinterest’s Monetization Upside
- Justin Post Maintains Hold on Pinterest, Raises Price Target to $28 Amid Solid Results but Slower AI-Driven Growth vs. Peers
- Pinterest price target raised to $27 from $25 at Barclays
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